Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor
An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4. The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning.
Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.
Active
$1,200,000
468 Ridgewood Ave, Holly Hill, FL 32117
5beds
12,518sqft
Multi Family
Built in 1947
-- sqft lot
$889,200 Zestimate®
$96/sqft
$-- HOA
What's special
Two commercial suitesStand-alone one-bedroom residenceThree stand-alone masonry buildingsSeven storage unitsFour supplemental mini-split units
- 369 days |
- 145 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Sean Hurley 386-566-6031,
Oceans Luxury Realty Full Service LLC,
Kevin Purucker 386-235-8190
Source: DBAMLS,MLS#: 1215168
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Central, Electric, Hot Water, Separate Meters
Cooling
- Central Air, Electric, Multi Units, Separate Meters, Split System, Varies by Unit, Wall/Window Unit(s), Individual
Appliances
- Included: Tankless Water Heater, Refrigerator, Microwave, Instant Hot Water, Electric Water Heater, Electric Oven
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Laminate, Tile
Interior area
- Total structure area: 12,518
- Total interior livable area: 12,518 sqft
Property
Parking
- Total spaces: 7
- Parking features: Additional Parking, Attached, Garage, Gated, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Unassigned
- Attached garage spaces: 7
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: Chain Link,Fenced
Lot
- Size: 1.03 Acres
- Dimensions: 150.0 ft x 289.0 ft
- Features: Cleared
Details
- Additional structures: Workshop
- Parcel number: 424401220310
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Stucco
- Roof: Metal
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Not Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Security: Closed Circuit Camera(s), Smoke Detector(s)
- Subdivision: Not on the List
Location
- Region: Holly Hill
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $512,361
- Annual tax amount: $9,911
- Date on market: 7/1/2025
- Listing terms: Cash,Conventional
- Income includes: Parking, RV Storage, Storage
- Electric utility on property: Yes
Estimated market value
$889,200
$702,000 - $1.13M
$1,391/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Price change | $1,200,000-7.7%$96/sqft |
Source: | ||
| 10/10/2025 | Price change | $1,300,000-3.7%$104/sqft |
Source: | ||
| 9/7/2025 | Price change | $1,350,000-3.6%$108/sqft |
Source: | ||
| 7/1/2025 | Listed for sale | $1,400,000+16.7%$112/sqft |
Source: | ||
| 4/10/2023 | Listing removed | -- |
Source: | ||
| 2/21/2023 | Listed for sale | $1,200,000+108.7%$96/sqft |
Source: | ||
| 3/2/2022 | Sold | $575,000-11.5%$46/sqft |
Source: Public Record Report a problem | ||
| 1/26/2022 | Pending sale | $650,000$52/sqft |
Source: Realty Executives Broker of Record #272427 Report a problem | ||
| 11/9/2021 | Listed for sale | $650,000+233.3%$52/sqft |
Source: Realty Executives Broker of Record #272427 Report a problem | ||
| 2/14/1998 | Sold | $195,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,929 +0.2% | $512,361 +0.6% |
| 2024 | $9,912 +1.3% | $509,476 +3.5% |
| 2023 | $9,785 +21.8% | $492,044 +28.1% |
| 2022 | $8,036 | $384,103 +6.9% |
| 2021 | -- | $359,195 -3.7% |
| 2020 | $8,191 | $372,999 +7.1% |
| 2019 | $8,191 +6.6% | $348,166 -2.3% |
| 2018 | $7,684 -4.6% | $356,480 +2.9% |
| 2017 | $8,052 +14.3% | $346,337 +11% |
| 2016 | $7,043 +5.9% | $312,025 +37.7% |
| 2015 | $6,648 +14.1% | $226,565 +1.3% |
| 2014 | $5,825 | $223,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32117
Nearby schools
GreatSchools rating
- 2/10Holly Hill SchoolGrades: PK-5Distance: 1.6 mi
- 4/10Campbell Middle SchoolGrades: 6-8Distance: 2.7 mi
- 4/10Mainland High SchoolGrades: 9-12Distance: 2.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Volusia County
- Holly Hill
- 32117
- 468 Ridgewood Ave





